Friday, February 28, 2014

Yves Smith — Vermont Citizens Push to Form a State Bank, But Will Ratings Agencies Kill the Idea?


The rating agencies as "enforcers" of neoliberalism, and about as subtle as a Mafia enforcer.

Naked Capitalism
Vermont Citizens Push to Form a State Bank, But Will Ratings Agencies Kill the Idea?
Yves Smith


1 comment:

googleheim said...

Mr Alexander de Toqueville would say the lawyer and the banker classes will forbid this.